Towards Sustainable Agri-Food Systems: Assessment of Climate Risk and its impact on Rice Productivity for Indian States
Nishi Yadav
No 344338, IAAE 2024 Conference, August 2-7, 2024, New Delhi, India from International Association of Agricultural Economists (IAAE)
Abstract:
Sustainability is threatened by the changing climate, especially in the agricultural sector. The consequences of this changing climate can have strong repercussions on food security by affecting productivity through hazards like droughts and floods. The study employs a climate risk assessment, considering hazards, exposure, and vulnerability, aligning with SDG 13's goals. The study creates a climate risk index for 26 major states of India which correspond to different agro climatic zones. The study also explores the relationship between climate risk and rice productivity in Indian states using a panel data regression analysis. The results show that states such as Assam, Arunachal Pradesh, Himachal Pradesh, and Tamil Nadu are most susceptible to climate risks. Whereas states such as Bihar, Uttarakhand and Jharkhand are least susceptible to climate risk. The regression analysis results show a negative relationship between climate risk and rice yield, indicating that an increase in climate risk can severely affect rice productivity and India’s food security. Since India is the second largest exporter of rice, climate risk can have global consequences. The results indicate immediate region-specific adaptation measures and advocate for sustainable mitigation practices.
Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 26
Date: 2024-08-07
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cfcp15:344338
DOI: 10.22004/ag.econ.344338
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